https://www.taxtmi.com/news?id=51037 The United States announced a 25 per cent tariff on imports from India to remedy perceived market access imbalances and a large bilateral trade deficit. The administration expects the tariff to prompt Indian exporters to cut prices to preserve U.S. market share, encourage onshoring of production to the United States, and create leverage to renegotiate trade terms; the measure is linked rhetorically to India's military and energy purchases from Russia and may be accompanied by additional charges. en-us Wed, 30 Jul 2025 23:46:02 +0530 Wed, 30 Jul 2025 23:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51037 The United States announced a 25 per cent tariff on imports from India to remedy perceived market access imbalances and a large bilateral trade deficit. The administration expects the tariff to prompt Indian exporters to cut prices to preserve U.S. market share, encourage onshoring of production to the United States, and create leverage to renegotiate trade terms; the measure is linked rhetorically to India's military and energy purchases from Russia and may be accompanied by additional charges. News - Wed, 30 Jul 2025 23:46:02 +0530 https://www.taxtmi.com/news?id=51037